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Hong Kong decisions
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The Court dismissed an amended winding-up petition after finding bona fide disputes on substantial ground as to whether three loan agreements were sham arrangements.
The High Court dismissed a winding-up petition over a disputed loan, finding the note bound the parties to Texas, the debt was genuinely disputed, and the petition was abusive.
Winding-up petition dismissed after the court found a bona fide dispute over debt under the Employment Ordinance and no valid section 43D notices.
The court refused an adjournment of the winding-up petition and made the usual winding-up order against Insight Studios (HK) Limited, finding the company’s funding evidence too vague.
The court refused leave to appeal against a condition requiring US$22.5 million payment before a late opposition affidavit could be filed in a winding-up petition.
The court dismissed a winding-up petition after finding a bona fide dispute over a claimed debt, with arguable waiver and agency issues and an arbitration clause in play.
The Court of First Instance made a winding-up order against Rosland Capital Group Limited, holding there was no bona fide dispute of the loan debt and rejecting the unlicensed moneylender defence.
The court granted a quia timet injunction for one statutory demand, finding a bona fide cross-claim on delay, but refused relief on the other demand.
The Court of Appeal dismissed HASDA’s appeal against refusal of an injunction to stop a winding-up petition, rejecting an alleged oral “pay-when-paid” agreement and invoice objections.
高等法院批准部分清盘呈请下的验证令，只限公司一般业务付款及本案合理法律费用；拟议股份回购方案的付款申请则被拒。
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